Philip Frederick Anschutz - The Anschutz Entertainment Group (AEG) is a sporting and music entertainment presenter and a subsidiary of The Anschutz Corporation. It is the world's largest owner of sports teams and sports events, the owner of the world’s most profitable sports and entertainment venues, and under AEG Live the world's second largest presenter of live music and entertainment events after Live Nation.
Anschutz bought out his father's drilling company in 1961, and earned large returns in Wyoming. He then diversified his portfolio by investing in stocks, real estate, and railroads. He then began investing in entertainment companies, co-founding Major League Soccer as well as multiple teams, including the LA Galaxy, Chicago Fire, Houston Dynamo, San Jose Earthquakes, New York / New Jersey Metro Stars, and the Kansas City Wizards. In addition, Anschutz owns stakes in the LA Lakers, LA Kings, and venues including the Staples Center, The O2 Arena (London), and the Home Depot Center. Anschutz also invests in family films such as The Chronicles of Narnia. Forbes ranks him the 34th richest person in the U.S. with an estimated net worth of $7 billion as of October 2010.